Is high trading volume good for crypto? So high volume allows for easier inter-conversion between different cryptocurrencies, fiat money, and other assets. An easily-navigable exchange that offers a multitude of different pairings trading at significant volume is the ideal place to be for the average cryptocurrency investor.
Can you see volume for crypto? The 24-hour volume section at the top of CoinMarketCap website shows the total value of crypto traded in the past 24 hours. Volume is an extremely important indicator for traders to determine the future profitability of cryptocurrencies.
Which cryptocurrency has highest trading volume? Bitcoin. Bitcoin is the original cryptocurrency and it remains the go-to leader of the space. As of this writing, the market capitalization of the world’s top digital currency is more than $125 billion, with a price per coin of more than $7,305.
How much money is traded in crypto daily? Crypto trading volume had several peaks in 2021 – January and February were higher than September and October – but no month was as volatile as May. On May 19, 2021, the 24h trade volume in the entire cryptomarket was worth over 500 billion U.S. dollars.